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this fiscal cliff. the republicans, as i mentioned, they are not mounting any kind of response to the charge by the administration. >> not surprising. the republicans have been known for as long time as the stupid party, they are a hot mess, they came out of this elect on the losing end, they have done nothing to try to regroup, this affects every american's life and pocketbook, they still can't get it together with a coherent message based on their core principals, economic freedom, and liberty, if you can't stand for those, and fight for them, they have no business being one of the two major political parties. >> monica is right, the republicans have allowed obama to ccntrol the debate, we have the morale high ground and our plan, obama in 2011 talking about tax reform said we can -- we don't have to raise tax rates, we can lower tax rates by capping deducts. he said that. lou: where is coordinated action and rhetoric from the party? i'm talking about from mayors to governors. >> we have been great wi
this fiscal cliff. the republicans, as i mentioned, they are not mounting any kind of response to the charge by the administration. >> not surprising. the republicans have been known for as long time as the stupid party, they are a hot mess, they came out of this elect on the losing end, they have done nothing to try to regroup, this affects every american's life and pocketbook, they still can't get it together with a coherent message based on their core principals, economic freedom, and...
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Nov 22, 2012
11/12
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america's congressional leaders 40 days to avoid fiscal cliff, republicans ac like they are willing to give in on taxes, what is the president going to do? what is his big com compromise. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 m50 for $599 a month at your local mercedes-benz dealer. i took my son fishing every year. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. and that means...fish on! symbicort is for copd including chronic bnchitis and emphysema. it should not be taken more than twice a day. symbirt may increase your risk of lung infections, osteoporosis, d some eye problems. tell your doctor if you have a heart condition or high blood pressure bef
america's congressional leaders 40 days to avoid fiscal cliff, republicans ac like they are willing to give in on taxes, what is the president going to do? what is his big com compromise. ♪ [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 m50 for $599 a month at your local mercedes-benz dealer. i took my son fishing every year. we had a great spot, not easy to find, but...
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Nov 22, 2012
11/12
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america's congressional leaders 40 days to avoid fiscal cliff, republicans ac like they are willing to give in on taxes, what is the president going to do? what is his big com compromise. >> ed klein, joins me next. we use this board to compare car insurance rates side by side so you get the same coverage, often for less. that's one smart board. what else does it do, reverse gravity? [ laughs ] [ laughs ] [ whooshing ] tell me about it. why am i not going anywhere? you don't believe hard enough. a smarter way to shop around. now that's progressive. call or click today. [ grunting ] lou: well joining us now to analyze the obama administration's shifting contradictory statements about benghazi and development in middle east, cease fear, and the thought of the looming fiscal cliff, author of the amateur, a book on the inside of the obama administration, ed klein. veteran political consultant, and strategist hank shin and goo have you here. starting with you, idea has kit rip just reported that thanksgiving eve, ambassador rice makes herself available to the press, what is she doing? >> tr
america's congressional leaders 40 days to avoid fiscal cliff, republicans ac like they are willing to give in on taxes, what is the president going to do? what is his big com compromise. >> ed klein, joins me next. we use this board to compare car insurance rates side by side so you get the same coverage, often for less. that's one smart board. what else does it do, reverse gravity? [ laughs ] [ laughs ] [ whooshing ] tell me about it. why am i not going anywhere? you don't believe hard...
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Feb 19, 2013
02/13
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cliff, republicans will come on board. they have no choice in what you say? >> well, senator schumer has a little bit off..3 he's right that we want to close the loopholes. but we want to bring certainty into the economy, particularly to the private sector. we want tax reform. what he's really talking about is closing loopholes so that our kantian president can spend more. [talking over each other] gei: so what he's saying is that the gop will bend over once again and what the democrats want. do you agree? will they be forced with president wants? >> they will be forced to do so if they don't get the story straight and explain to the people while the president is sending us on an uncertain path of out-of-control spending, weakening the dollar. the gop needs to do is explain in context whites making these moves and connect with the american people and how it affects them on a daily basis. gerri: there is a truncation problem. that is for sure. what has been the cost to the economy of what has gone on in washington are they
cliff, republicans will come on board. they have no choice in what you say? >> well, senator schumer has a little bit off..3 he's right that we want to close the loopholes. but we want to bring certainty into the economy, particularly to the private sector. we want tax reform. what he's really talking about is closing loopholes so that our kantian president can spend more. [talking over each other] gei: so what he's saying is that the gop will bend over once again and what the democrats...
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much more on the fiscal cliff and the republican messaging, if you can call it that, perhaps tonight's broadcast. he egyptians revolting against the brotherhood. syria apparently mixing chemcal weapons. the foundation for defense of democracy joins us here in monts. the unemployment rate drops. so did the number of workers in the labour force. we will be taaking about this economyand what washington is trying to do to it and us next with peterwallace and. i'm dominique dawes and there parents can give their kids -- making sure they get active at least 60 minutes each day. studies sh that physical activity not only helps kids stay heahy, it can enhance impoant skills, like concentration and problem solving, which can improve academic performance. this means physical activity can help your kids in the most important game of all -- life ♪ lou: house speaker boehner says the president is slow walking our economy to the fiscal cliff. former reagan white house counsel, financial crisis inquiry commission member peter wallace will join me here in just moments. let's take a look at tonight's
much more on the fiscal cliff and the republican messaging, if you can call it that, perhaps tonight's broadcast. he egyptians revolting against the brotherhood. syria apparently mixing chemcal weapons. the foundation for defense of democracy joins us here in monts. the unemployment rate drops. so did the number of workers in the labour force. we will be taaking about this economyand what washington is trying to do to it and us next with peterwallace and. i'm dominique dawes and there parents...
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Nov 27, 2012
11/12
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much more on the fiscal cliff and the future of the republican party with the "a-team" coming up next. obamacare, the law of the land. not so fast. a lot of governors are saying, it's your lot. you enforce it. what it all means in tonight's "chalk talk". the billionaire verses the tax master. warren buffett takes on grover norquist. who is right? former cbo director douglas cosecant joins us next. okay, that looks great... [ camera flash ] were you profitable last m mont? how much money is in your checking account? have the browns paid you for their addition yet? your finances are scattered all over the place. what are your monthly expenses? you keep your receipts in plastic baggies? seriously? [ announcer ] get it done and get it off your mind... with quickbooks. organize your small business finances... all in one place. quickbooks pulls in information from other sources. evennline banking and customer information. visit tryqckbooksfree.com today to start for free. and now your business can be at your fingertips, anywhere, with the convenient mobile app. from creating customized invo
much more on the fiscal cliff and the future of the republican party with the "a-team" coming up next. obamacare, the law of the land. not so fast. a lot of governors are saying, it's your lot. you enforce it. what it all means in tonight's "chalk talk". the billionaire verses the tax master. warren buffett takes on grover norquist. who is right? former cbo director douglas cosecant joins us next. okay, that looks great... [ camera flash ] were you profitable last m mont?...
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Nov 27, 2012
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much more on the fiscal cliff and the future of the republican party with the "a-team" coming up next. obamacare, the law of the land. not so fast. a lot of governors are saying, it's your lot. you enforce it. what it all means in tonight's "chalk talk". the billionaire verses the tax master. warren buffett takes on grover norquist. who is right? former cbo director douglas cosecant joins us next. ♪ lou: well, we are going to be assessing what is happening with the fiscal cliff, negotiations, talks tomorrow waste of time between the principal so-called in washington d.c. talking with former congressional budget office director douglas hopes he can hear in moments. first the "moneyline". lori ruined the day on wall street. concerns about the deep discounts being offered by retailers on black friday. worries about the fiscal cliff, greece of combining for a market that pretty much went nowhere today. the dow jones industrials down 42. as into down treatment nasdaq rose ten. the sixth day in a row in which the nasdaq has gained. light trading on the big board. concerns about increases
much more on the fiscal cliff and the future of the republican party with the "a-team" coming up next. obamacare, the law of the land. not so fast. a lot of governors are saying, it's your lot. you enforce it. what it all means in tonight's "chalk talk". the billionaire verses the tax master. warren buffett takes on grover norquist. who is right? former cbo director douglas cosecant joins us next. ♪ lou: well, we are going to be assessing what is happening with the fiscal...
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Feb 16, 2013
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. >> but really nothing happened as part of the fiscal cliff discussions republican said a little something to push the so security age of one year harry reid said no. no change whatsoever. >> his version of bold talk is he used the word a modest. >> keep in mind there is a bold announcement 400 billion of bipartisan shares that said this was a more irish. >> 2.5 trillion has been cut for what they wanted to increase. >> republicans don't kill anything. >> but with cuts it means reduced the rate of increase. the makeup that israel is when you take a program cut it, send workers home and put an extra legislation and close the building. to bring power to appellations has power know they put in broadband internet. the g.o.p. should find 10 programs and old and shut them down those are real cuts. john: "the washington post" had a great story this federal program wall died the christopher columbus fellowship program spending 80 percent of money in overhead even president obama requested to be cut four times, republicans introduced legislation, they cannot get rid of it because senator cochrane w
. >> but really nothing happened as part of the fiscal cliff discussions republican said a little something to push the so security age of one year harry reid said no. no change whatsoever. >> his version of bold talk is he used the word a modest. >> keep in mind there is a bold announcement 400 billion of bipartisan shares that said this was a more irish. >> 2.5 trillion has been cut for what they wanted to increase. >> republicans don't kill anything. >>...
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much more on the fiscal cliff and the republican messaging, if you can call it that, perhaps tonight's broadcast. he egyptians revolting against the brotherhood. syria apparently mixing chemical weapons. the foundation for defense of democracy joins us here in moments. the unemployment rate drops. so did the number of workers in the labour force. we will be taaking about this economy and what washington is trying to do to it and us next with peter wallace and. ♪ the catal one cash rewards card gives you 1% cash back on all purches, plus a 50% annl bonus. and everyone likes 50% more... [ midwestern/chicago accent ] cheddar! yeah! 50 percent more [yodeling] yodel-ay-ee-oo. 50% more fla. [ southern accent ] 50 percent more tars. that's where tots come from. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% aual bonus on the cash yoearn. it's the card for people who like more cash. 50% more spy stuff. what's in your wallet? this car is too small. ♪ lou: house speaker boehner says the president is slow walking our economy to the fis
much more on the fiscal cliff and the republican messaging, if you can call it that, perhaps tonight's broadcast. he egyptians revolting against the brotherhood. syria apparently mixing chemical weapons. the foundation for defense of democracy joins us here in moments. the unemployment rate drops. so did the number of workers in the labour force. we will be taaking about this economy and what washington is trying to do to it and us next with peter wallace and. ♪ the catal one cash rewards...
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just trying to mesh that with the fiscal cliff. and the republicans said no, separate issue. it is also a separate issue from the sequester. and what the republicans have said and what they told the president to a year and a half ago. the president lost, but likins won on the question of if we wanted to raise the debt ceiling because obama is overspending. you have to cut spending dollar for dollar by the same amount. speaker boehner has reiterated that that is enough. so has mitch mcconnell. the president of united states can stand up and say that i lied to you and i said i wanted to reduce running. i like you, and i said i was going to offer government reforms. but if he does that, i think he isn't is in a very weak position and democrats are killing themselves if they think that the american people want to continue overspending. and the debt that obama is running out. we can give the president a month of debt ceiling increase or six months or year. then you have the continuing resolutions. because the democrats have not passed the budget or written a budget in more than th
just trying to mesh that with the fiscal cliff. and the republicans said no, separate issue. it is also a separate issue from the sequester. and what the republicans have said and what they told the president to a year and a half ago. the president lost, but likins won on the question of if we wanted to raise the debt ceiling because obama is overspending. you have to cut spending dollar for dollar by the same amount. speaker boehner has reiterated that that is enough. so has mitch mcconnell....
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Nov 23, 2012
11/12
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the key to the fiscal cliff negotiations, republicans say will talk increased tax revenue if democrats put entitlement reform on the table. medicare, medicaid, social security. there's a major effort by labor unions opposing that effort taking out advertising in states in missouri, pennsylvania, virginia, and elsewhere targeting members of congress to oppose any type of entitlement reform or changes. the group, in a statement says, elected officials from both parties need to listen to the will of the voters and focus on rebuilding the middle class and strengthening our economy by investing in jobs, not cuts. on the other side, conservatives say it's not a game changer because from unions, this is really nothing new. >> the fact they are publicly saying what they have been privately saying is helpful the american people understand where obama's intransigence comes from, but nothing's changed. >> they negotiated details this week of the grand fiscal cliff compromise that democrats and republicans hope to reach. lawmakers back in town neex week, and there's a meeting loosely scheduled in
the key to the fiscal cliff negotiations, republicans say will talk increased tax revenue if democrats put entitlement reform on the table. medicare, medicaid, social security. there's a major effort by labor unions opposing that effort taking out advertising in states in missouri, pennsylvania, virginia, and elsewhere targeting members of congress to oppose any type of entitlement reform or changes. the group, in a statement says, elected officials from both parties need to listen to the will...
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Dec 10, 2012
12/12
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much more on the fiscal cliff and the republican messaging, if you can call it that, perhaps tonight's broadcast. he egyptians revolting against the brotherhood. syria apparently mixing chemical weapons. the foundation for defense of democracy joins us here in moments. the unemployment rate drops. so did the number of workers in the labour force. we will be taakingbout this economy and what washington is trying to do to it and us next trying to do to it and us next with peter wallace and. you know how painful heartburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. ♪ [ engine revs ] ♪ [ male announcer ] oh what fun it is to ride. get the mercedes-benz on your wish list at the winter event going on now through december 31st. [ santa ] ho, ho, ho! [ male announcer ] lease a 2013 e350 for $579 a month at your local mercedes-benz dealer. you know, from our 4,000 television commercials. yep, there i am with
much more on the fiscal cliff and the republican messaging, if you can call it that, perhaps tonight's broadcast. he egyptians revolting against the brotherhood. syria apparently mixing chemical weapons. the foundation for defense of democracy joins us here in moments. the unemployment rate drops. so did the number of workers in the labour force. we will be taakingbout this economy and what washington is trying to do to it and us next trying to do to it and us next with peter wallace and. you...
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Dec 10, 2012
12/12
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much more on the fiscal cliff and the republican messaging, if you can cll it that, perhaps tonight's broadcast. he egyptians revolting against the brotherhoo syria apparently mixing chemical weapons. the foundation for defense of democracy joins us here in ments. the unemloyment rate drops. so did the number of workers in the labour force. we will be taaking about this economy and what washington is trying to do to it and us next trying to do to it and us next with peter wallace and. ♪ music body language-- without saying a word, it can tell you so much. like someone is having a stroke... know the sudden signs. learn f.a.s.t. f- face drooping a-arm weakness s- speech difficul t- time, time to call 911 immediately. the sooner they get to the hospital, the sooner they'll get treatment, and that can make a remarkable difference in their recovery. learn the body language, the suddenigns, and spot a stroke f.a.s.t. i can tell you that childhood is a magical time. but for children with diabetes, life is not quite so carefree. the barbara davis center for childhood diabetes is fighting ha
much more on the fiscal cliff and the republican messaging, if you can cll it that, perhaps tonight's broadcast. he egyptians revolting against the brotherhoo syria apparently mixing chemical weapons. the foundation for defense of democracy joins us here in ments. the unemloyment rate drops. so did the number of workers in the labour force. we will be taaking about this economy and what washington is trying to do to it and us next trying to do to it and us next with peter wallace and. ♪ music...
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Nov 30, 2012
11/12
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the fiscal cliff. that is $1.2 trillion in automatic budget cuts and $600 billion in tax hikes that would result from the expiration on december 31, the consequences would simply be devastating. the economic impact on the country and the american people would mean the loss of hundreds of thousands, if not millions of jobs. the very likely onset of yet another recession. the white house timothy geithner on capitol hill today. he went there empty-handed to meet the party leaders. house speaker john boehner who has already offered to raise tax revenue finds himself not in a negotiation, but rather competing in the white house media campaign. this is how speaker boehner reacted earlier today to the demands of the white house that were laid out by timothy geithner in a closed-door meeting. the treasury secretary reiterating the president's call for $1.6 trillion in new tax revenue and timothy geithner currently offering nothing in return. in lieu of federal spending. >> first, despite the claims that the pr
the fiscal cliff. that is $1.2 trillion in automatic budget cuts and $600 billion in tax hikes that would result from the expiration on december 31, the consequences would simply be devastating. the economic impact on the country and the american people would mean the loss of hundreds of thousands, if not millions of jobs. the very likely onset of yet another recession. the white house timothy geithner on capitol hill today. he went there empty-handed to meet the party leaders. house speaker...
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Dec 26, 2012
12/12
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my personal view he does not want an agreement with republicans, he wants us to go over the fiscal cliff because republicans will get flamed and we will have a different scenario with the lowest rate not being 10%, but 15%, top rate of 35 to 40%, 42. and then tax cuts. david: the responsibility of political purposes is astounding to me. the only contradicting what he said a year ago, but got taken the advice of some of the top economic advisors that will go into recession. >> it is astounding. they also applies going over the fiscal cliff for that very reason. they want top tax rates to go up and are focusing on rates rather than revenue. we would have lower revenue took away some of these deductions. david: if we go into a recession, we will get far less revenue, nothing kills revenue coming into the treasury like a recession. there is no dispute about it. if you want to lose 100, $200 in tax revenue you go into a recession. all the money he thinks he's going to get from rich people by hiking the tax rate will be lost, double lost by going into a recession. >> that is exactly right. tha
my personal view he does not want an agreement with republicans, he wants us to go over the fiscal cliff because republicans will get flamed and we will have a different scenario with the lowest rate not being 10%, but 15%, top rate of 35 to 40%, 42. and then tax cuts. david: the responsibility of political purposes is astounding to me. the only contradicting what he said a year ago, but got taken the advice of some of the top economic advisors that will go into recession. >> it is...
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Feb 13, 2013
02/13
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this time are playing the role of president obama on the fiscal cliff. the republicans now have the advantage. >> i don't think that's right. i think -- [talking over each other] lou: then they don't recognize that. >> they underestimated them in the 2012 elections. they underestimated his organization. they transferred over organized for america, his campaign apparatus to organize for action which is going to be mobilizing the bottom up, and it will be the people talking to their members of congress, not the president. and we will see other republican party members of the congressional members reacted that. this is going to be a different kind of second term. i think they're looking to extend out beyond what would be normally the lame-duck process, pushed it out and said the midterms and when the midterms and even have a strong last two years of his administration, which is just anathema to the republican party, but that is what the need to get ready for. lou: what a pretty picture you paint. let you get the last opportunity and picture painting here. >
this time are playing the role of president obama on the fiscal cliff. the republicans now have the advantage. >> i don't think that's right. i think -- [talking over each other] lou: then they don't recognize that. >> they underestimated them in the 2012 elections. they underestimated his organization. they transferred over organized for america, his campaign apparatus to organize for action which is going to be mobilizing the bottom up, and it will be the people talking to their...
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Dec 18, 2012
12/12
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. >> we begin with breaking news, house to vote on to fiscal cliff mess, but only one amendment republicans are hoping will pass. here with exquisite exclusive details, richardson in washington. >> good evening. what republicans are looking to do in the house is basically deal with the tax provisions of the fiscal cliff to hit on january 1 so there will be two amendment votes on the house. the first constructed by republicans dubbed the nancy pelosi plan because it contains a number of the provisions she holds. amounts less than $250,000 per year, it extends some of the stimulus provisions with income taxpayers, child credit, and raising amounts more than $1 million. this is a republican plan ,-com,-com ma the one if it goes past the house, likely to pass the house, it makes the current rates permanent for amounts less than $1 million per year. it takes capital gains and dividend rates now 15%, make them permanent for amounts under $1 million for amounts more than $1 million it is 20% dividend rate operates. there is a permanent estate tax of 35% for amounts of more than $5 billion bid the
. >> we begin with breaking news, house to vote on to fiscal cliff mess, but only one amendment republicans are hoping will pass. here with exquisite exclusive details, richardson in washington. >> good evening. what republicans are looking to do in the house is basically deal with the tax provisions of the fiscal cliff to hit on january 1 so there will be two amendment votes on the house. the first constructed by republicans dubbed the nancy pelosi plan because it contains a number...
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>> the house republicans, and senate republicans knew after the election they would lose the fiscal cliff negotiation, they did not think they wou get trounced like they did. some on the left are not happy, but many, many on the right are not happy, they lost leverage, house republicans lost leverage when they could not pass their own fiscal cliff plan b bill, and obama predicted several weeks ago he said that house republicans and senate republicans will cave on taxes, they did, we knew it was coming, cannot believe there were more spending cuts in the final bill. neil: i saw the caving on taxes, i would argue that the president had it comin he did win, that is the consequence of it, but i thought there would be some quid pro quo. >> right, and they said, well, the public polling show nas republicans would get blamed, i was shocked by how much conservatives voted for it. neil: bob happy new year thank you. >> happy new year. neil: did you like today in the market? feels like another day in the market. ago, when washington got a deal and investors ended up getting the shaft. think it can'
>> the house republicans, and senate republicans knew after the election they would lose the fiscal cliff negotiation, they did not think they wou get trounced like they did. some on the left are not happy, but many, many on the right are not happy, they lost leverage, house republicans lost leverage when they could not pass their own fiscal cliff plan b bill, and obama predicted several weeks ago he said that house republicans and senate republicans will cave on taxes, they did, we knew...
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lou: george gilde much more on the fiscal cliff and the republican messaging, if you can call it that, perhaps tonight's broadcast he egyptians reolting against the brotherhood. syria apparently mixing chemical weapons. the foundation for efense of democracy joins us here in moments. the unemployment rate drops. so did the number workers in the labour force. we will be taaking about this economy and what washington is trying to do to it and us next witheter wallace and. ♪ lou: house speaker boehner says the president is slow walking our economy to the fiscal cliff. former reagan white house counsel, financial crisis inquiry coission member peter wallace will join me here in just moments. let's take a look at tnight's "moneyline." the dow and s&p managing gains. the naaq weighed down by another bad day for apple and its investors. the dow u 81 points. s&p up four, the nasdaq fell leaven. ju er 3 billion shares traded on the big board today. the dow up 1%, s&p slihtly higher making three straight weeks of wins. the sdaq down 1% for its first losing week of the past three apple investo
lou: george gilde much more on the fiscal cliff and the republican messaging, if you can call it that, perhaps tonight's broadcast he egyptians reolting against the brotherhood. syria apparently mixing chemical weapons. the foundation for efense of democracy joins us here in moments. the unemployment rate drops. so did the number workers in the labour force. we will be taaking about this economy and what washington is trying to do to it and us next witheter wallace and. ♪ lou: house speaker...
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he tried to get a vote on the fiscal cliff deal at 1:30, but minority leader mitch mcconnell, republican objected to that proposal saying i matter of such importance, 60 vote threshold, majority was born to do. now it will not happen, no vote today on the debt ceiling, fiscal cliff proposal to basically the breaking news is we're back where we started. melissa: what is the hottest stock on wall street these days. trading under. the bidding war for my favorite bank analyst. i love dick bove. speaker he is in purgatory. a billion dollars unauthorized trade was described as a rogue trader. presumption of innocence, he was arrested earlier in the week. take the firm, the firm has been closed down since then. dick bove has been in purgatory. sources are telling us bove reseed essentially 17 offers to join him, he is now down to five, he has contracted form in five firms. he believes he'll be making the decision on which of these five firms he will go to in the coming days. he says he is close to a deal to revitalize the firm, said he would stay with rockdale. if i tell you this. said he is t
he tried to get a vote on the fiscal cliff deal at 1:30, but minority leader mitch mcconnell, republican objected to that proposal saying i matter of such importance, 60 vote threshold, majority was born to do. now it will not happen, no vote today on the debt ceiling, fiscal cliff proposal to basically the breaking news is we're back where we started. melissa: what is the hottest stock on wall street these days. trading under. the bidding war for my favorite bank analyst. i love dick bove....
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let's turn to the fiscal cliff deal, the republican party. you know, talking with grover norquist, he is so confident, at least about other republicans are going to do with the debt ceiling. they had just been blessed by the president. where they go from here? on the verge of finding total irrelevance if they keep this up . >> said on know what the republican party is going to do except, perhaps among try and reinvent itself. at this point the president was holding all the cards. he was in a very strong position. lou: it sounds like -- >> no gain. lou: no secret about the fact he was holding all the cards. no secret about the history of '95 and '96. a reasonable person might have deduced that they had a problem, these republicans. >> i think they have a problem with voters in a but i don't think it just got waxed. i mean, all of the bush tax cuts were set to expire. $4 trillion worthin total. but we essentially have no inheritance tax left except for the super wealthy now. nothing was done about carried interest. the hedge fund loophole. pres
let's turn to the fiscal cliff deal, the republican party. you know, talking with grover norquist, he is so confident, at least about other republicans are going to do with the debt ceiling. they had just been blessed by the president. where they go from here? on the verge of finding total irrelevance if they keep this up . >> said on know what the republican party is going to do except, perhaps among try and reinvent itself. at this point the president was holding all the cards. he was...
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i wanted just go back to the fiscal cliff just for a second. that is, the republican messaging, if you will. they have an opportunity here, it seems to me, as well as a problem, but i don't hear creative, imaginative, if you will, rhetoric or language or positioning or messaging. >> we have been for about three years now. so i think the's no reason for it to start now. what house republicans have to understand is they are the republican party for the next four years and have to have messaging and basically tell the american public what they're doing and why they're doing it. they can't be for tax cuts, for spending cuts. they have to articulate how it fits in the big picture. there are some skilled people that need step forward. lou: would i be too cynical to say that perhaps the president has an additional advantage in this little carrousel of nonsense around the fiscal clef in that it also deflects and distractsfrom that half trillion dollars in new taxes that will be hitting the middle class in this country s a result of obamacare begining j
i wanted just go back to the fiscal cliff just for a second. that is, the republican messaging, if you will. they have an opportunity here, it seems to me, as well as a problem, but i don't hear creative, imaginative, if you will, rhetoric or language or positioning or messaging. >> we have been for about three years now. so i think the's no reason for it to start now. what house republicans have to understand is they are the republican party for the next four years and have to have...
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because we just saw with this fiscal cliff deal republicans don't have any power. they don't have any influence. they can't get things done. all the democrats are in charge there. president obama isn charge. if you will blame people for not doing what you want over the past four years it has to be the democrats and the president? >> well i would think the house republicans could beg to differ with that. they seem to think they have a lot of power. melissa: no, they don't. i don't think a single republican would come on and te you they would feel like they're in power right now. >> seems th president who campaigned on the whole idea that taxes should not, should not be maintained at a lower rate for peop over $250,000 a year, he lost that battle. and why did he lose that battle? because house republicans didn't want to see taxes increased on anybody at all. so clearly they do have some power and clearly the president is not totally getting his way. melissa: republicans didn't want to see taxes raised on any one at all and democrats won as of this week, 77% of the po
because we just saw with this fiscal cliff deal republicans don't have any power. they don't have any influence. they can't get things done. all the democrats are in charge there. president obama isn charge. if you will blame people for not doing what you want over the past four years it has to be the democrats and the president? >> well i would think the house republicans could beg to differ with that. they seem to think they have a lot of power. melissa: no, they don't. i don't think a...
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he will be the cause of goin over t fiscal cliff. i don't know what the republican leaders cannot hang onto that thought. they will be watching him, the reaction to the ultimatum, he will be sending the country over the fiscal cliff over what will amount to 8% of -- replacement of 8 percent of the deficit for fiscal 2013. it is mindless. >> as i said, i am quite nervous about this. i listen to speaker boehner say the day after the lection, revenue is on the table. the american people want to compromise an make washington work. he said it again and put out a specific offer. all we have heard from the president is a hard-line wasno negotiation on the tax side and not e word about the entitlement reforms that would have to match that for this plan to make any sense. and it is that absence of lead on the spending side nd unwillingness to make compromises that will actually get als done and have washington auction again that i think our marks aginst this lame-duck session. lou: you have projected, the action form has projected 10 million
he will be the cause of goin over t fiscal cliff. i don't know what the republican leaders cannot hang onto that thought. they will be watching him, the reaction to the ultimatum, he will be sending the country over the fiscal cliff over what will amount to 8% of -- replacement of 8 percent of the deficit for fiscal 2013. it is mindless. >> as i said, i am quite nervous about this. i listen to speaker boehner say the day after the lection, revenue is on the table. the american people want...
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cliff they would blame republicans for that. do you care? does that make a difference right now? >> look, it's about getting a solution. it has to be bipartisan. we're reaching out in a very bipartisan way. we're taking both republicans and democrats to get the deal done. we do it, we do it together or we share the blame together. melissa: what is the most important thing you want to see democrats put on the table? >> we have got to do entitlement reform. we can do entitlement reform where we don't change at all for anyone 55 or older. younger people want to see the kind of reforms that will keep those programs solvent for the long term. so look, republicans and democrats can come together. and older and younger demographics can come together with the construct we put forward. i'm hopeful we can get a deal. we need to do a deal. i believe, or at least have it in place before year-end. melissa: what does that mean have it in place? do you think that we're going to end up having some sort of cobbled together temporary solution to
cliff they would blame republicans for that. do you care? does that make a difference right now? >> look, it's about getting a solution. it has to be bipartisan. we're reaching out in a very bipartisan way. we're taking both republicans and democrats to get the deal done. we do it, we do it together or we share the blame together. melissa: what is the most important thing you want to see democrats put on the table? >> we have got to do entitlement reform. we can do entitlement...
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basically blaming the republicans for no deal on the fiscal cliff. a news alert for you now. a new number from apple today showing exactly what tim cook made this year. he brought in $4.17 million that includes his base pay and incentives and that is down 99% from the $370 million team made last year. apple chief didn't get any stock awards this year, apple languishing above $500 a share. please check out this video, a real life iron man, and exoskeleton that gives that person, paralyzed people the ability to walk. a lot is banked on military research. dr. mark siegel is here with the story. i want to see if i have got this right. >> you always have it right. stuart: an exoskeleton is essentially a robot. a paralyzed person wears this robot, there's a backpack of some sort. >> not exactly. this is a big game change iran's big business. these things are running between one hundred and 1 forty thousand dollars. there are 30 run the country, 30 centers run the country and within a year or two they are going to be in the home and that is going to be huge. they allow a paralyzed p
basically blaming the republicans for no deal on the fiscal cliff. a news alert for you now. a new number from apple today showing exactly what tim cook made this year. he brought in $4.17 million that includes his base pay and incentives and that is down 99% from the $370 million team made last year. apple chief didn't get any stock awards this year, apple languishing above $500 a share. please check out this video, a real life iron man, and exoskeleton that gives that person, paralyzed people...
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dave: we are step closer to the fiscal cliff after republicans rejected john boehner's compromise plan for raising tax rates. without some kind of plan passed by congress and signed by the president tax rate for everybody, all taxpayers will go up in two weeks. for the latest now where we go from here we turn to congresswoman and a read purple. thank you for coming here. why did john boehner present the president with a plan that didn't have the support of most republicans? >> at the time he didn't realize there wasn't the support he needed and i think the concern we all had was the spending portion of it. the country has a spending problem, not a taxing problem and this compromise didn't address the spending issue and that is where many of us were concerned. dave: talk about the spending problem because i agree with you. that is clearly a major problem that is not being addressed by folks here. isn't to the speaker's job to know whether he has the votes lined up for a plan he is presenting? >> many of us felt in august when we send over that yearlong extension to the president or the
dave: we are step closer to the fiscal cliff after republicans rejected john boehner's compromise plan for raising tax rates. without some kind of plan passed by congress and signed by the president tax rate for everybody, all taxpayers will go up in two weeks. for the latest now where we go from here we turn to congresswoman and a read purple. thank you for coming here. why did john boehner present the president with a plan that didn't have the support of most republicans? >> at the time...
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tonight no progress on the fiscal cliff as democrats and republicans trade barbs over the issu. one group of americans is finding a way through this regardless of congress and the president. small-business owners in this countryare prepari to hire. join me now, chief .s. economist for i may just pull one side. heart of america group founder, and member of the jobs creation alliance and actual job creators in this country who say their voices not being heard in this office took with debate. also with us from the weekly standard, steven haze. welcome. great to have you here. i want to start with the conversation in washington and what the speaker had to say about the status of the fiscal here is mr. boehner. >> this is in the progress report because there is no progress to report. when it comes the fiscal cliff that is turning our economy and jobs, the white hhuse is wasted another week. gerri: what do you say? we wasted another week. we seem to be getting nowhere, and now folks are saying the president is trying to entice us of the fiscal cliff. >> look, i think they're actually
tonight no progress on the fiscal cliff as democrats and republicans trade barbs over the issu. one group of americans is finding a way through this regardless of congress and the president. small-business owners in this countryare prepari to hire. join me now, chief .s. economist for i may just pull one side. heart of america group founder, and member of the jobs creation alliance and actual job creators in this country who say their voices not being heard in this office took with debate. also...
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ed rollins joins us to talk about the fiscal cliff from the future of the republican party, and oh, yes, going back in time and we will give the preident an accounting of how he would look circa 1985. ed rollins joins us the one well, the president and the speaker matt. they apparently wrote no new vistas of opportunity to resolve the fiscal cliff. we will be taking that up with ed rollins next. president reagan's former political director. let's turn the wall street in moneyline. washington, what will it be able to resolve? concerns over inflation and other important economic reports. a big decline in gasoline prices last month. year-over-year inflation running a 20%. investors backing away from stocks. the s&p is down six points from the nasdaq lost 21. on the big board, just under 3 billion shares for the week. the dow jones down 23 points. the s&p up 4.5. nasdaq is down seven times -- seven points. the iphone is having less than enthusiastic reception. additionally, news that a federal jury found apple infringed upon free patterns, owned by mobile media ideas, a joint venture of gno
ed rollins joins us to talk about the fiscal cliff from the future of the republican party, and oh, yes, going back in time and we will give the preident an accounting of how he would look circa 1985. ed rollins joins us the one well, the president and the speaker matt. they apparently wrote no new vistas of opportunity to resolve the fiscal cliff. we will be taking that up with ed rollins next. president reagan's former political director. let's turn the wall street in moneyline. washington,...
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so much for progress on the fiscal cliff talks. at least for today. progress getting a fever pitch as john boehner says white house needs to get serious. senate majority leader harry reid says he is waiting for a serious offer from republicans. so there you can see the stock market slightly higher, reacting to every last word coming out of capitol hill. now the dow was higher, but off of the best levels of the session as we make progress. melissa arizona is the latest state to refuse the exchange. we will bring on judge andrew napolitano to talk about this one. lori: "time" magazine announcing it candidate for person of the year. wait until you hear who the candidates are. we will handicap the list with lou dobbs. melissa stocks as we do every 15 minutes. nicole petallides standing by. stocks are losing sseam as house speaker john boehner took the podium although they have recovered a bit. nicole: is difficult to monitor which way and guess which way the market will go as each headline process crosses, we'reg the market being started around the unchan
so much for progress on the fiscal cliff talks. at least for today. progress getting a fever pitch as john boehner says white house needs to get serious. senate majority leader harry reid says he is waiting for a serious offer from republicans. so there you can see the stock market slightly higher, reacting to every last word coming out of capitol hill. now the dow was higher, but off of the best levels of the session as we make progress. melissa arizona is the latest state to refuse the...
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we can either move forward in a bipartisan way, hand in hand over the fiscal cliff, or our republican colleagues can help lead us off that cliff. hope that is not the case. >> can i just ask what are your spies on the other side in essence telling you what is going on over there because you have to count heads with them as well? >> and not stipulating to any characterization of any information we received. [laughter] i really have no ideas. >> getting them to try to prove this, what are you hearing from the other side, anything? >> what your question is better addressed to the republicans coming out of their conference. we just came out of hours and we know what you tell us as to what is coming out of their caucus. >> we have not had an opportunity to talk to the leadership at this point. >> you have said you preferred a straight up or down vote, is that because of the time were that because of the vice president? >> it was a bill passed in the united states senate 89-8. tell me when you have had that on a measure as controversial as this. >> they had troubles with that one almost to
we can either move forward in a bipartisan way, hand in hand over the fiscal cliff, or our republican colleagues can help lead us off that cliff. hope that is not the case. >> can i just ask what are your spies on the other side in essence telling you what is going on over there because you have to count heads with them as well? >> and not stipulating to any characterization of any information we received. [laughter] i really have no ideas. >> getting them to try to prove...
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that is of the white house is leveling the republican counteroffer to avert the fiscal cliff. president obama try this and saying there is no deal without tax hikes on the ridge. with more on this, republican congresswoman dianne black of tennessee. welcome to the show. great to have you. i have to ask you about this story that has been breaking this afternoon. apparently the president will meet with what they're calling progressive talk-show hosts. i think this is a lot of talent. it will parade through the white house. the president will sit down with them. are you getting the sense here that maybe the president is meeting with a few too many people? should we jjst get the job on the fiscal cliff? >> i could not agree more. i felt very discouraged. the president this been more time campaigning that he did of the beginning of his campaign. we need to have serious negotiations. we need our leaders, and the president was elected by the people. he needs to sit down now and the leader along with our leader, the speaker, and talk seriously about these plans. gerri: small busin
that is of the white house is leveling the republican counteroffer to avert the fiscal cliff. president obama try this and saying there is no deal without tax hikes on the ridge. with more on this, republican congresswoman dianne black of tennessee. welcome to the show. great to have you. i have to ask you about this story that has been breaking this afternoon. apparently the president will meet with what they're calling progressive talk-show hosts. i think this is a lot of talent. it will...